By: Value Research
Daily SIPs perform marginally better than monthly SIPs but look at the following slide before starting one…
- It involves a lot of transactions - You’ll have a much longer transaction statement (cont)
- Tracking it will be very tough - It also complicates your capital gains tax computation when you try to withdraw your investment
Not really. They outperform by 0.08% at best over 10 years, meaning they are not worth the stress. (cont)
Instead, opt for monthly SIPs. You earn monthly, and you can easily invest that amount monthly.
Monthly SIPs make more sense than daily SIPs.
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